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Social Welfare Analysis of Income Distributions: Ranking Income Distributions with Generalised Lorenz Curves

This module documents calculation and use of Lorenz curves for inequality analysis. Specifically, it illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options where ordinary Lorenz curves fail to work. It is developed for capacity developent and operational purposes.

Date
2005
Publisher
FAO
Region
Global